Slump in oil price hits WOR, page-53

Nobody will try harder than WOR to gain part of the giant Iranian rebuild. And I'm fairly sure they'll get some contracts. But they'll be up against the entire world of contractors and margins will be wafer thin. But sure better than nothing.

SP now down almost 6%. I've closed out my short positions but suspect WOR has further weakness. Very hard for holders to know whatto do but no reason for newbies to enter. If POO stabilises (as it has to) and begins recovery... then the SP will regain slowly. It won't leap back to $8.20 anytime soon.